SOUTH AFRICAN MINING Message Board

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Gold/Mining/Energy : SOUTH AFRICAN MINING

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To: POLARBEAR who wrote (132)	9/6/1998 7:10:00 PM
From: baystock	of 472

<<You readeth my mind !!!>> Actually, I cheated and read some of your earlier posts :) Seriously, though it is a potential 10 bagger, there are some risks that they can go bankrupt if Randgold Resources gets caught up in a financial blackhole trying to get Syama mine going, or if the price of gold drops to $200 oz. Both of the above are possible, so one risks the initial investment for a realistic chance at a 10 bagger. Of course if the POG zooms up soon the odds of success go up significantly. And even if the POG stays low, RANGY can buy more time by selling off their Harmony and DROOY holdings and their mineral rights to raise cash. This stock is definitely not for widows and orphans!

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